Record Growth Across the Board in Global Photovoltaic Market in 2010

[Nathanael]

In its recently released Marketbuzz® 2011, Solarbuzz, an energy consulting firm, reports the global solar photovoltaic (PV) industry had a record year in 2010.

According to Solarbuzz's research, global solar installations reached a record 18.2 gigawatts last year, which represents 139% growth over 2009's installations. Additionally, PV collectively generated US$82 billion in revenue last year, up 105% from the US$40 billion that was generated in 2009.

In terms of demand, the top five countries in the world are: Japan, Italy, Czech Republic, Germany, and the United States. These five nations represent 80% of the world's PV demand.

Link: http://www.energyboom.com/yes/record-growth-across-board-global-photovoltaic-market-2010